ENTREPRENEURSHIP

Detailed explanation-1: -It is a synthesis of the entire plan. It must contain the major argumentations of the business proponent on why the business will work and succeed. It should provide the business plan audience all the arguments on why they should participate in the business venture.

Detailed explanation-2: -An executive summary is a summary of the most important information in your project plan. Think of the absolutely crucial things your management team needs to know when they land in your project, before they even have a chance to look at the project plan-that’s your executive summary.

Detailed explanation-3: -Although the executive summary is the first section of the business plan, it is written after all of the other sections have been prepared. The reason for this is that it will draw from and synthesize all the important information from the succeeding sections.